Eni to make greater inroads in Iraq


Iraqi Prime Minister Nuri al-Maliki and Eni CEO, Paolo Scaroni, accompanied by Eni E&P COO, Claudio Descalzi, met in Baghdad to discuss the development of Eni's work on Iraq's giant oil field Zubair, and potential for futher cooperation.

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SBC expands senior leadership team


SBC, the management consultancy arm of Schlumberger, is pleased to announce the expansion of its senior leadership team with the appointment of six vice presidents.

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OPEC to add 21mn bpd oil capacity in next 5 years


OPEC countries plan to add a total of 21mn bpd of new oil capacity over the next five years, according to the organization's secretary-general Abdalla el-Badri.

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Gulf Keystone Petroleum plans oil export pipeline through Turkey


Gulf Keystone Petroleum has unveiled plans to build a pipeline through Turkey to export oil from its giant Shaikan discovery in Iraqi Kurdistan by 2013.

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Global oil demand growth to fall - IEA


International Energy Agency's (IEA) latest oil market report said global oil consumption is slowing down as questions marks over the state of the global economy resurface.

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